New EU legislation regulating digital services and platform providers will have ramifications for global companies that compete in the region. Compliance is already required; players now need to understand their obligations.
The European Commission (EC) recently enacted two of the world’s strictest laws aimed at regulating the digital landscape for the benefit of both users and businesses. The Digital Services Act (DSA) came into force on February 17, 2024, and the Digital Markets Act (DMA) on March 7, 2024. Here are answers to some of the most common questions about the laws that will help you understand and comply with them.
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Table of Contents
What are these acts, and how do they differ?
Who is affected by these acts, and on what timeline?
What will affected parties need to do to comply with the legislation?
How will these acts impact marketers?
Do I have to comply if I’m not an EU-based business?
How will regulation be implemented, and what will the penalties look like?
